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Re: Geryon post# 50988

Thursday, 08/17/2017 3:50:55 PM

Thursday, August 17, 2017 3:50:55 PM

Post# of 96331
IF you are referring to this when then this has an entire new set of problems:

In November, 2012 Cyber-Thingy, Inc. entered into a consulting agreement agreeing to
pay a third party for its services. The Company has executed Amendments to this
Agreement and records a liability of $330,000 in debt. In October 2013, the Company
agreed to allow for a conversion feature for the debt. In November 2013, the Company
received notice from the consultant of its intention of converting the debt to equity. The
principal balance of the Note as of December 31, 2015 is $134,000 plus accrued interest
through November 6, 2014, the Note no longer accrues interest. On July 1, 2015 the
company entered into a convertible promissory Note with A. Soukas for $25,000 with
interest of 12%.



The Debt owed to Baron only reflects interest not the money invested into the Company of over $50k.

The alleged loan in July wasn't on the financials Nathan posted on his website. Not on the Balance sheet or in the footnotes...I really doubt a focused person like Nathan would forget he borrowed $25k and record it on his financials.

Btw where are the WOGI SAA financials????